This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
Novy Neft II Limited Announces Approval Of An Additional 20% Repurchase Of Shares
Hamilton, Bermuda: 9th December 2004 - The Directors of Novy Neft II Limited (the "Company") wish to announce that further to the announcement on 19 August 2004 when the Directors approved the repurchase of up to 20% of its issued share capital should Shares become available in the market at a discount to Net Asset Value, they have today resolved that the Company may repurchase up to a further 20% of its issued share capital at a discount to Net Asset Value in order to address the imbalance between supply and demand.
For further information on Novy Neft II Limited please contact:
|
Stephen Davies Butterfield Securities Limited Tel: (441) 298 4764 Fax: (441) 295 6759 Email: stephendavies@bntb.bm |
Christopher Fitzwilliam-Lay Charlemagne Capital (UK) Limited Tel: (44 207) 518 2100 Fax: (44 207) 518 2199 Email: chris.fitzwilliamlay@charlemagnecapital.com |